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Profits at Central Florida hospitals neared the $1 billion-dollar mark in 2016, according to a report published this month.

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Health care is a trillion-dollar industry in America, but are we getting what we pay for? Dr. Elisabeth Rosenthal, a medical journalist who formerly worked as a medical doctor, warns that the existing system too often focuses on financial incentives over health or science.

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Tampa-based WellCare Health Plans, which covers nearly 4 million people through Medicare and Medicaid programs, reported an increase in income last year, according to an earnings report released Tuesday.

Stethoscope on a pile of dollars.
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Anthem reported a 4 percent increase in third-quarter profit and beat Wall Street forecasts as the number of people the health insurer covers edged slightly higher.

It’s third quarter earnings season, and among the health systems reporting profits are Orlando Health Inc. and Jackson Health System. Orlando Health, which owns and operates eight Central Florida hospitals, made $44.4 million in its third quarter profits, according to the Orlando Business Journal.

Florida hospitals had strong profits last year, according to an analyst's report, and so did its HMOs, especially those that specialize in Medicare patients.